The global neurosurgery devices market size is expected to reach USD 36.00 Billion in 2032 and register a steady revenue CAGR of 13.0% over the forecast period, according to latest analysis by Emergen Research. Increasing prevalence of neurological conditions is a major factor driving neurosurgery devices market revenue growth during the forecast period. For instance, the tenth major cause of mortality for adults is brain and other nervous system cancer. In 2022, primary malignant brain and Central Nervous System (CNS) tumors were expected to claim the lives of 18,280 individuals in the United States (10,710 males and 7,570 females). In 2020, it was estimated that primary CNS and brain tumors was the leading cause of 251,329 fatalities worldwide.
The report also offers estimations and predictions about the market segment and sub-segments exhibiting promising growth in the forecast timeline. The report also provides deeper insights into the technological advancements, industrial landscape, and emerging product and technological developments in the Neurosurgery Devices market. It offers fruitful insights into the business sphere to help businesses capitalize on the lucrative growth opportunities.
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Competitive Terrain:
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Neurosurgery Devices market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
The leading market contenders listed in the report are:
B. Braun SE, Medtronic, Boston Scientific Corporation, NEVRO CORP., Karl Storz, Abbott, Ackermann, adeor medical AG, Hangzhou HAWK Optical Electronic Instruments Co., Ltd., Machida Endoscope Co., Ltd
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Emergen Research has segmented the global Neurosurgery Devices market on the basis of type, application, end-use, and region:
Segments Covered in this report are:
-
Product Outlook (Revenue, USD Billion; 2019–2032)
- Neuromodulation Devices
- Internal Neuromodulation Devices
- Spinal Cord Stimulation Devices
- Deep Brain Stimulation Devices
- Others
- External Neuromodulation Devices
- Internal Neuromodulation Devices
- Neuroendoscopy Devices
- Neuromodulation Devices
-
Application Outlook (Revenue, USD Billion; 2019–2032)
- Spinal Cord Stimulation
- Chronic Pain
- Failed Back Surgery Syndrome
- Ischemia
- Deep Brain Stimulation
- Parkinson's Disease
- Tremor
- Depression
- Others
- Neuroendoscopy
- Transnasal Neuroendoscopy
- Intraventricular Neuroendoscopy
- Transcranial Neuroendoscopy
- Spinal Cord Stimulation
-
End-Use Outlook (Revenue, USD Billion; 2019–2032)
- Hospitals
- Ambulatory Surgery Center
- Others
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Objectives of the Report:
- Analysis and estimation of the Neurosurgery Devices Market size and share for the projected period of 2022-2030
- Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Neurosurgery Devices Market
- Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
- Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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